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Osun Food Support Scheme: We’ve engaged over 50 SMEs, says Oyetola
Published
4 years agoon
The Adegboyega Oyetola -led Osun state government on Tuesday disclosed that it has successfully engaged over 50 Small and Medium-sized Enterprises (SMEs) since the introduction of its Food Support Scheme one year ago.
The state government noted that the impact of the scheme that was introduced to provide food support to vulnerable residents, has been very holistic and greatly felt by different sectors of the State’s economy.
Marking a year anniversary of the existence of the scheme with the flag-off of the 12th edition which was held at the open space of the Local Government Service Commission, State Government Secretariat, Abere, Osogbo, the government said the initiative has helped to feed no fewer than 360,000 vulnerable residents with the multiplier effects on over one million people constituting various households that had benefited in one way or the other since the inception of the programme last year.
Speaking at the flagoff ceremony of the 12th edition of the programme, Governor Oyetola said the positive impact of the scheme on the economy of the state cannot be over-emphasized as it had helped to stimulate the economy through the promotion of local production, encouragement of local entrepreneurs and by extension, alleviation of poverty and hunger.
Governor Oyetola, who was represented by the Secretary to the State Government (SSG), Prince Wole Oyebamiji added that the government was fulfilled in the execution of the programme as promised on monthly basis saying its sustenance had in no small measure contributed to the growth of the local economy.
“Exactly a year ago when we launched the monthly Food Support Scheme, a lot of people were skeptical about its sustenance and doubt that the programme would last for three months. But to the glory of God and in line with our promise that as long as I remain the Governor of the State, we will continue to feed 30,000 vulnerable citizens, we are here to mark the 12th edition of the scheme.
“Consequently, we decided to distribute gari as we did last month to boost local production and encourage our local entrepreneurs. When we are talking of agriculture, when you produce and there is nowhere to sell, you will not assist the economy of the State, so, I am sure that our cassava farmers today are happier than they were five months ago .
“What we are doing is the essence of government and what good governance stands for, people must be happy with the government and the best way to achieve that is to ensure economic base that is why our government has been working hard to build a better economic base for the development of the people of Osun and advancement of the State.
“Since we commenced the programme, the level of acceptance and feedback has been very unimaginable as being demonstrated so far by many of those that have benefitted in one way or the other from the initiative. As you can see, women have been extremely involved in the scheme, take for instance, in the production of gari, women play dominant role and don’t be surprised that there are women farmers who cultivate cassava too in this state because if you go through the Ministry of Agriculture, there is a unit for women in agriculture and they are extremely doing very well.
“So, women play a key role. In other clime, women are highly illustrious, they are industrious and they are intellectually based. I advice them not to take agriculture for granted so also our young ones, there are programmes and policies that have been designed to support whoever shows interest in farming”, Governor Oyetola said.
Also commenting, the state’s Commissioner for Special Duties and Regional Integration, Engr. Olalekan Badmus, said the execution of the initiative has been very participatory, collective and holistic.
Badmus noted that the scheme had brought a paradigm shift to local production just as it had really helped to advance and promote the cause of local entrepreneurs who were hitherto not fully engaged.
He stressed that the testimonies received through the feedback mechanism provided to assess and evaluate the impact of the scheme has been very encouraging to the extent that people have keyed into the little opportunity provided to galvanise, stimulate and lubricate the economy of the State for the growth, progress and development of the State.
“Going by the 11th edition that we did, you can see that the level of appreciation was very good and basically the feed back has been very encouraging as this had helped in no measure to surge up the level of productions by the suppliers.
“You will agree with me that so far, we have done 360,000 households and the implication of this is that most of these households have father, mother and children and what this implies is that over one million lives have been impacted through this scheme.
“So, this is enormous and it is only in Osun you can talk of this people-oriented programme. The impact has been well felt and people appreciate it and they are also aware of what Mr. Governor has been doing to reach out to the people particularly the vulnerable citizens.
“So far, we have been able to engage 50 Small and Medium-sized Enterprises (SMSEs). We are happy to have made this feat within one year particularly on gari production, because we have been able to show that consistently, our local entrepreneurs can produce the product.
“This has helped them to expand their business, get more patronage through the awareness we have created for them among other advantages.
“Basically, this has been very impactful to them and I am sure this is going to improve the SMEs in the State particularly women entrepreneurs, because from the investigation we have done, women are largely involve in the production of most of the local staple foods”, he added.
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Iran War Disrupts Oil Supply, Global Loss Hits $50bn
Published
4 days agoon
April 18, 2026By
Mega IconThe global oil market has recorded losses exceeding $50bn following massive supply disruptions triggered by the ongoing Iran war, which has now stretched to nearly 50 days.
Data from energy analytics firm Kpler showed that more than 500 million barrels of crude oil and condensate have been wiped off the global market since the crisis began in late February, making it the largest energy supply disruption in modern history.
Iran’s Foreign Minister, Abbas Araqchi, on Friday said the Strait of Hormuz had been reopened after a ceasefire agreement reached in Lebanon.
However, tensions escalated again on Saturday as Tehran warned it could shut the strategic waterway if the United States sustains its blockade of Iranian ports.
Also, U.S. President Donald Trump expressed optimism that a deal to end the conflict could be reached “soon,” although he did not provide a definite timeline.
Analysts warned that the scale of disruption could have prolonged effects on global energy stability, with shocks expected to linger for months or even years.
Providing context, Principal Analyst at Wood Mackenzie, Iain Mowat, said the 500 million barrels lost is equivalent to grounding global aviation demand for 10 weeks, halting all road transport worldwide for 11 days, or shutting down the entire global oil supply for five days.
Further estimates showed that the lost volume is nearly equal to one month of oil demand in the United States or more than a month’s supply for Europe. It also represents about six years of fuel consumption by the U.S. military and could power global shipping activities for approximately four months.
The crisis has significantly affected oil-producing nations in the Gulf, with output losses reaching about eight million barrels per day in March—roughly equivalent to the combined production of two of the world’s largest oil companies.
Jet fuel exports from major producers, including Saudi Arabia, Qatar, the United Arab Emirates, Kuwait, Bahrain, and Oman, dropped sharply from 19.6 million barrels in February to just 4.1 million barrels recorded across March and April combined. Analysts said the shortfall could have powered about 20,000 round-trip international flights.
With crude prices averaging around $100 per barrel since the onset of the conflict, the lost volumes translate to an estimated $50bn in revenue. Experts noted that this figure is equivalent to about one per cent of Germany’s annual Gross Domestic Product, or roughly the size of the economies of smaller European countries.
Meanwhile, global onshore crude inventories have declined by about 45 million barrels in April alone, while total production outages have risen to approximately 12 million barrels per day since late March.
Industry experts cautioned that unless a lasting resolution is reached, the disruption could intensify volatility in global oil markets, worsen inflationary pressures, and further strain fragile economies worldwide.
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Oseni Secures Prestigious City People Political Award Nomination
Published
6 days agoon
April 16, 2026By
Mega IconA member of the House of Representatives representing Ibarapa East/Ido Federal Constituency and Chairman of the House Committee on Federal Roads Maintenance Agency, Aderemi Oseni, has been nominated for a Special Award in Politics at the 2026 City People Political Awards.
The nomination was conveyed in a letter dated April 13, 2026, signed by the Publisher/Editor-in-Chief of City People Magazine, Seye Kehinde.
The development was disclosed in a statement issued by Oseni’s media aide, Idowu Ayodele, and made available to journalists in Ibadan on Thursday.
According to the statement, the lawmaker earned the nomination in recognition of his “outstanding contributions to politics in Oyo State, particularly in Ibarapa East/Ido Federal Constituency.”
The organisers noted that Oseni emerged as a nominee following a comprehensive review of performances across sectors by the award’s selection committee.
Part of the letter read, “Having performed creditably well in your sector last year, the Organising Committee presented you as a nominee in your sector.”
The award ceremony is scheduled to hold on Sunday, May 3, 2026, at Etal Hall, Kudirat Abiola Way, Oregun, Ikeja, Lagos, at 4pm.
The City People Awards is an annual event that recognises individuals who have distinguished themselves in governance, public service and other sectors of national development.
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Kaduna Electric to prosecute, expose attackers of staff
Published
6 days agoon
April 16, 2026By
Mega IconThe Kaduna Electricity Distribution Company has announced a crackdown on individuals who assault its staff, warning that offenders will face prosecution and public exposure.
In a statement issued on Thursday, the company expressed concern over what it described as a “disturbing surge” in attacks on its field workers and third-party partners.
It noted that the affected personnel were mainly engaged in meter installation, revenue collection and maintenance of electricity infrastructure.
According to the firm, the increasing cases of harassment, physical assault and unlawful detention of its workers pose a serious threat to employee safety and the stability of electricity service delivery across its franchise areas.
The Deputy Managing Director, Abubakar Mohammed, said the company would no longer tolerate any form of aggression against its workforce.
“Let this serve as a clear warning to anyone who engages in the assault of our staff. Kaduna Electric will pursue every case to its logical conclusion,” he said.
“We will work closely with security agencies to ensure offenders are brought to justice and face the full weight of the law,” Mohammed added.
He further disclosed that the company would publicly reveal the identities of individuals found culpable.
According to him, names, photographs and other details of offenders would be published on the company’s official platforms as well as in national and local media.
“This measure is intended to ensure accountability and serve as a strong deterrent. Anyone who chooses to attack our personnel should be prepared not only to face prosecution but also public exposure,” he added.
The company stressed that assaults on utility workers attract serious legal and financial consequences, noting that offenders risk criminal charges that may lead to fines or imprisonment.
It added that perpetrators could also face civil liabilities, including compensation for medical treatment, psychological trauma and loss of work hours.
While condemning the attacks, Kaduna Electric urged customers to adopt peaceful and lawful means of resolving disputes.
It advised aggrieved customers to channel complaints through its customer service units or appropriate regulatory bodies.
The management reaffirmed its commitment to protecting its workforce and partners, stressing that a safe working environment is essential for delivering reliable and efficient electricity services.
Although disputes between electricity providers and consumers are often linked to billing issues, metering challenges and service delivery concerns, the company maintained that such matters must be resolved through dialogue, insisting that violence against its staff will no longer be tolerated.
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